Use Case

Access Governance for Finance & FinTech

Adaptive accelerates compliance in the Financial sector by protecting sensitive personal and financial data and streamlining auditing.

harness·h-9102

Adaptive

Txn

Ledger

Amount

Region

Access

T-1042

revenue

$184K

view

T-1043

payouts

$12K

view

T-1044

transfers

—

APAC

blocked

soc2: enforced

pii: redacted

audit: on

The problem

Finance is a heavily regulated vertical with organizations needing to perform continuous monitoring and auditing on all infrastructure access to stay compliant.

$5.97 Million

Average cost of a breach in the financial sector

60%

Financial Technology firms fail to meet GDPR and PCI DSS compliance

11 Million

Files are accessible on average to a Financial sector employee

FinTech firms handle sensitive financial data and customer funds, requiring strict adherence to various compliance standards to ensure a robust security posture. Organizations must implement data protection measures, such as credential encryption, continuous monitoring, etc., to maintain compliance with regulations. This can be an intricate and complex process, necessitating ongoing diligence, a dedicated compliance team, and the investment of substantial financial resources, while still presenting challenges that are strenuous to sustain over time.

The solution

Adaptive simplifies GDPR, PCI DSS and other compliances

Adaptive empowers organizations to remain compliant with all regulatory demands for GDPR, PCI DSS, and so on. The platform provides centralized control for access reviews, accelerating the approval process and ensuring greater transparency. The system's streamlined evidence-gathering, continuous monitoring, and query auditing capabilities further simplify the pathway to compliance. This comprehensive approach can yield significant savings in both time and compliance-related costs for FinTech companies.

Benefits

How Adaptive helps

Monitor Operations for Data Security

Monitor operations, queries, and activities that help safeguard financial data, and detect security risks surrounding sensitive information.

Secure Access to Sensitive Data

Using ephemeral containers as bastion hosts, Adaptive reduces the chance of unauthorized access. Secure access to private resources and safeguard all sensitive customer data.

Automate Audit Logs

Increase efficiency in audits with automated logs and evidence gathering. Get readily available comprehensive logs of all access requests, commands, and incidents across the infrastructure.